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Author Topic: High odds or low odds, which do you prefer?  (Read 644 times)
Oshosondy (OP)
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June 14, 2022, 08:20:14 AM
 #1

Let us assume that high odds start from 1.5 and above while low odds starts from 1.2 and below.

I specifically like football gambling. When I started to gamble, I go for high odds, but I was not that experienced and I lost a lot. I gained experience but I preferred to gamble on low odds. Only what this led me to is to play more and I noticed losses too. This is just a means someone can also become addicted because low odds will only want you to accumulate and bet more. If you bet more frequently than usual, regardless of the odd, be it high or low, loss is inevitable, it is guaranteed.

I play less often unlike before, I reduced the money I am using to bet, emotions gone and I win than before. How about you people, are you high odd punter or low odd. Can you also tell us your experience? At you losing or you make profit from the odds you are taking?

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June 14, 2022, 09:02:57 AM
 #2

I have lost several times in a row betting on high odds and after the experience I try to minimize my risks, so I prefer low odds as low odds are placed on the favorites of the match. Of course even in this case no one guarantees a hundred percent victory, but the probability of it is higher than betting on the outsider with higher odds.

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June 14, 2022, 09:41:11 AM
 #3

I go for high odds, but I was not that experienced and I lost a lot.


When I bet, I do that with soccer and I eye high odds.
Betting on high odds is profitable if you follow the rules of not being greedy. The simple rule is to bet fewer games or possibly just one game. This gives a higher chance of winning after all is just that one game you are looking out for. I shared an example of a single game someone bet with large amount on Real Madrid against Liverpool Here


I gained experience but I preferred to gamble on low odds. Only what this led me to is to play more and I noticed losses too. This is just a means someone can also become addicted because low odds will only want you to accumulate and bet more. If you bet more frequently than usual, regardless of the odd, be it high or low, loss is inevitable, it is guaranteed.


This is shows low odds are not guarantee, yes it is not. Like you said it will get you playing often times and replying same slip after you lost some games. This is worst when you are doing your booking on line from your phone  Grin The hopes will be high that you will get it right but no you won't because a lot of games in one slip limit the winning chances.


I play less often unlike before, I reduced the money I am using to bet, emotions gone and I win than before.


Playing lesser times can make you think better with good research. It puts the emotion in order


How about you people, are you high odd punter or low odd. Can you also tell us your experience?


Yes years back I have taken high odds and won. One time I remember I took off as high as 38 odds and amidst fear, I was lucky to win but I bet with small amount, about $.06 in naira (yes amidst fear   Angry)

At you losing or you make profit from the odds you are taking?

There is no guarantee whatever the odd. Gambling is luck base but high odds are preferable.

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June 14, 2022, 09:48:25 AM
 #4

My bosom friend @Oshosondy, if you follow the odds then the tendency for you to lose become high but some gamblers don't care about this since their are well aware of the fact that football is an unpredictable game anything and can happen within seconds that will change the outcome of the game. If you select low odds you have to accumulate more games so that your winning can be ok and this also increases the chances of losing the bet because the possibility of a team losing is there since you play multiple games to accumulate more odds. So in essence just take the risk whichever the luck works for you but avoid getting addicted.

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June 14, 2022, 11:25:33 AM
 #5

How about you people, are you high odd punter or low odd. Can you also tell us your experience? At you losing or you make profit from the odds you are taking?
I love to gamble on a couple of games like one,two or three games with high odds, I aim to make profit regardless of the amount, so i choose to predict a few games with high odds. In my head, this strategy ensures that the probability of winning are higher than accumulating multiple bets with small odds. The fewer games i bet on with high odds, the bigger the amount i stake because just one high odd entering for you is enough to add some more figures to your account balance.

I've won once on just one game predicted with high odds, i was lucky to have won, but since then... coupled with the fact that i do not gamble always, i haven't won again.

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June 14, 2022, 11:29:40 AM
 #6

I only look at the odds once I've made my analysis on who's more likely to win and how much risky the pick is. If I'm getting good value out of my pick(high odds), I go for it. I do that for low odds as well but if the odds are very low, I tend to avoid the bet.

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June 14, 2022, 11:53:16 AM
 #7

My bosom friend @Oshosondy, if you follow the odds then the tendency for you to lose become high but some gamblers don't care about this since their are well aware of the fact that football is an unpredictable game anything and can happen within seconds that will change the outcome of the game. If you select low odds you have to accumulate more games so that your winning can be ok and this also increases the chances of losing the bet because the possibility of a team losing is there since you play multiple games to accumulate more odds. So in essence just take the risk whichever the luck works for you but avoid getting addicted.
One of my mistakes was that I chose low odds, could you believe I have lost a bet of 1.05 odds before and many times? I remember one to be in 2016 or so, it was in Brazilian top league, Série A between one coin and Sao Paulo over 0.5 goals, I accumulated 11 matches totalling over 10 odds with 1.3 and above odds, but only two among was lower than 1.1 and one of it made me lost the bet. Another one was 1.06 odds when Spain under 21 played with a small country in UEFA that won (or maybe draw, I have forgotten) Spain. I do care now about odds, I do not often accumulate and choosing only one match is better for. I use what I can afford to lose, this gives me the courage. Example is when a club is playing another club and have like 1.2 odds, if I think the club can win, I sometimes just go for first half win which makes the odd to increase, it has helped me and also failed me and I prefer going for over 1.5 odds matches. I make my analysis before placing bet as well, but I do not bet often.

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June 14, 2022, 01:02:49 PM
 #8

I have lost several times in a row betting on high odds and after the experience I try to minimize my risks, so I prefer low odds as low odds are placed on the favorites of the match. Of course even in this case no one guarantees a hundred percent victory, but the probability of it is higher than betting on the outsider with higher odds.
I agree with you on this, high odds are more risky in betting because the possibility of the teams with the odds are always slim in terms of winning games, but betting on teams with low odds you have more chances of winning your bet because low odds are given to teams with higher possibility of winning and most times those teams are in good forms, have better winning tactics and have good quality players too.
But in betting, odds don't almost win the game but good performance and utilization of opportunities does.
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June 14, 2022, 01:17:55 PM
 #9

As what is says, high odds, high risk, high rewards. So it's really up to the individual, his/her preference. If he can tolerate the high risk with betting high odds then good. As far as my experience though, if I'm going for a high odds, I just put small to medium bet. But let's say the odds are very low, I might put a good money on it to enjoy the returns, specially a team that I'm familiar with, I might go all-in.

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June 14, 2022, 01:39:02 PM
 #10

I specifically like football gambling. When I started to gamble, I go for high odds, but I was not that experienced and I lost a lot.
In sports betting, especially soccer betting, in general, gambling sites place the lowest odds, for the club with the highest chance of winning, for example 70% and the club with a 30% chance of losing, for example.
but the name of the game on the field will prove or vice versa high odds can win or can draw and vice versa.

But if you want to bet looking from the side of the highest odds without looking at the team, field conditions and players in the club, most likely you will lose repeatedly in your bets, the point is: don't be tempted by the highest odds, team analysis, highly recommended.

Example:
Germany vs. England on June 7th, the odds and chances of winning are greater for Germany, in fact on their field (draw) 1-1, for that some analysis of the team is needed, in order to create a chance to win bigger bets.

Honestly, if I place sports bets regardless of the odds, I'm more focused on players and clubs.

R


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June 14, 2022, 01:53:12 PM
 #11

I consider 1.8 odds still low, based on my experience even at 1.8 odds I still have a lot of losses even in football but in Esports betting especially CS:GO I prefer the higher odds usually some underdog players win against known teams and I've win more than 3x on that high odds before but that was risky I would still rather choose multiple lower odds match (1.20-1.50) parlay than placing 1 bet with higher odds.

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June 14, 2022, 02:15:42 PM
 #12

I prefer odds where I am confident or at least I think these are undervalued.
I try each time to not get influenced by that number but just to understand WHY there is a certain odd.

What is the mathematical formula for determining the value of a bet / odds? I have also tried to understand how it works in detail....because I think there is a strong psychological component to a given odds for the gambler.
The higher the value, the more we are led to think that it is an unlikely event and, on the contrary, the lower ---> the more we think it is a plausible event.

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June 14, 2022, 02:35:04 PM
 #13

I like high odds games that can win. Those exists, and are of high value to those experienced in the sport that they're betting on. It's better to play those in singles than to waste your time on low odds events and parlay them. There are times that low odds games are not even sure win, and I've been screwed by those events many times that I no longer believe that they are worth something, or are valuable to be even played at all.

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Boristhecat
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June 14, 2022, 03:45:56 PM
 #14

Let us assume that high odds start from 1.5 and above while low odds starts from 1.2 and below.

I specifically like football gambling. When I started to gamble, I go for high odds, but I was not that experienced and I lost a lot. I gained experience but I preferred to gamble on low odds. Only what this led me to is to play more and I noticed losses too. This is just a means someone can also become addicted because low odds will only want you to accumulate and bet more. If you bet more frequently than usual, regardless of the odd, be it high or low, loss is inevitable, it is guaranteed.

I play less often unlike before, I reduced the money I am using to bet, emotions gone and I win than before. How about you people, are you high odd punter or low odd. Can you also tell us your experience? At you losing or you make profit from the odds you are taking?

I prefer the odds in the 1.5-3 range for single events and up to 15-20 for multibets. Betting with odds less than 1.2 makes no sense - even if you win 20% of the profit, given that you risked 100%, there is no feeling of victory or satisfaction. As for addiction, this danger lies in wait better at any odds. If I feel like I'm thinking too much about betting or getting too involved in it, I pause.
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June 14, 2022, 03:57:57 PM
Last edit: June 14, 2022, 06:54:21 PM by Prosperiousproduct
 #15

I have lost several times in a row betting on high odds and after the experience I try to minimize my risks, so I prefer low odds as low odds are placed on the favorites of the match. Of course even in this case no one guarantees a hundred percent victory, but the probability of it is higher than betting on the outsider with higher odds.
Higher odds are usually not advisable when it comes to football gambling because the betting site (gambling site) normally get their decision of increasing and decreasing of odds from past information and results of both teams, so they just observe how both teams are playing and give high odds to the losing team and low odds to the wining team.

For me I don't go for high odds I go for the team I feel would win.
Losing a game you staked because of the high odd is usually very annoying.
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June 14, 2022, 04:11:28 PM
 #16


Higher odds are usually not advisable when it comes to football gambling because the betting sit (gambling site) normally get their decision of increasing and decreasing of odds from past information and results of both teams, so they just observe how both teams are playing and give high odds to the losing team and low odds to the wining team.


The fluctuation in the odds of soccer is normal and it is more obvious few minutes before the game starts and stable days before the game. Odds fluctuating doesn't really determine the team that is going to win if the both teams are equals. Like you said it doesn't mean we have to look at odds while betting but to do our research but we know that in soccer, teams that are on relegation line are standing smaller chances of winning the bigger teams although this also depends on the players lined up for the match and the preceding match follow up if the big players are reserved.

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June 14, 2022, 04:12:23 PM
 #17

...
It's better to play those in singles than to waste your time on low odds events and parlay them.
...

This is absolutely an important point! Always play SINGLES Odds and don't bet on parlay (moreover if these are high odds!)
Most of newbie in this field are trying to "hit the jackpot" playing a long list of events. But this is tremendously wrong because they have low odds to win and in some cases these events are "undervalued" because other games (likes aggregator, in Italy there is Totocalcio https://en.wikipedia.org/wiki/Football_pools) will pay much much more Wink

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June 14, 2022, 04:54:38 PM
 #18

That is definitely an interesting question, having high odds does seem a bit dangerous at times and there are people who would specifically want to play for low odds overtime so they are able to get the full advantage of a certain situation without risking it all, but having high odds might be advantageous in situations where you are 100% sure that it's going to happen so some players might close their eyes and think of it as a safe bet as well. I do think that many points made here about the parlay is not even relevant because only some sports book offers it and you won't be finding it in your normal sites that often.
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June 14, 2022, 05:22:59 PM
 #19

On average I take the lowest odds of 1.5 even though some are below that, but with quite a bit of risk compared to high odds but the win ratio is below 50% it's actually scary for me, but of course I saw a match so I will define the odds and I prefer 1.5 as a fairly balanced odds.

Even though some say that taking low odds is not worth the risk, but for me it is good enough to win. I bet on football compared to high. I always miss, in essence I analyze before the match, especially in the football line up that is displayed.

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June 14, 2022, 05:25:22 PM
 #20

I play less often unlike before, I reduced the money I am using to bet, emotions gone and I win than before. How about you people, are you high odd punter or low odd. Can you also tell us your experience? At you losing or you make profit from the odds you are taking?

I also like to bet on football games, together with esports it's my most favourite sport. Back in 2016/2017 I bet heavily on CSGO and Dota games, but after a 2 year break I came back to bet much less now. My most bets now are on big tournaments in football, like champions league or the upcoming world championship. In general I prefer bets with high chances of winning, the only problem is they are not profitable. Betting on games with 1.1 or 1.2 only gives a small return and we still have the risk that we lose all our money. To build up a bankroll slowly with very save bets is a good idea if we have the time to do the research for every match. When my favourite team plays and I feel good about them winning then I go for lower odd bets, here the chances of winning are not so high but atleast the payout is good.
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